Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. Fed buys $30.5 billion of mortgage bonds, sells none
NEW YORK, May 7 (Reuters) - The Federal Reserve bought $30.537 billion of agency mortgage-backed securities in the week from Apr. 30 to May. 6, compared with $38.461 billion purchased the previous wee...
May 07, 2020
Never had it so bad? Plague, weather and war did worse to the UK economy
By Guy Faulconbridge and Andy Bruce LONDON (Reuters) - For anyone pondering how the coronavirus outbreak is about to deliver the British economy's worst year in modern history, only a handful of thing...
May 07, 2020
Ukraine wants to finish talks with IMF next week: finance ministry
KIEV (Reuters) - Ukrainian Finance Ministry said on Thursday the government planned to complete talks with the International Monetary Fund about a new loan next week. The IMF said today earlier that i...
May 07, 2020
Czech central bank surprises with hefty 75 bps rate cut
By Robert Muller and Jason Hovet PRAGUE (Reuters) - The Czech National Bank cut its main interest rate by a bigger-than-expected 75 basis points on Thursday, bringing borrowing costs ever closer to ze...
May 07, 2020
Exclusive: U.S. companies got emergency government loans despite having months of cash
By Joshua Franklin and Lawrence Delevingne NEW YORK/BOSTON (Reuters) - When American companies recently applied for U.S. government loans meant to help small businesses survive the coronavirus crisis,...
May 07, 2020
EU Commission proposes scrapping usual conditions for ESM use in virus battle
ROME (Reuters) - The European Commission on Thursday proposed scrapping the usual conditions for countries using the euro zone's bailout fund as they try to revive their economies hit by the coronavir...
May 07, 2020
Canada’s Brookfield plans to invest $5 billion in struggling retailers
(Reuters) - Canada's Brookfield Asset Management Inc said on Thursday it plans to invest $5 billion to revive retailers at a time when the industry is struggling due to the COVID-19 pandemic. The asse...
May 07, 2020
Brazil’s Bolsonaro says must get economy back on track as soon as possible
BRASILIA (Reuters) - Brazil's President Jair Bolsonaro said on Thursday that some states went too far in their social isolation measures to combat coronavirus, and that the steps must be taken as soon...
May 07, 2020
Canadian dollar seen recouping some losses if global economy starts healing: Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar will regain some lost ground over the coming year along with a potential recovery in the price of oil and in the global economy after it was cri...
May 07, 2020
U.N. triples coronavirus appeal to $6.7 billion to help poor countries
By Michelle Nichols NEW YORK (Reuters) - The United Nations on Thursday more than tripled its appeal to help vulnerable countries combat the spread and destabilizing effects of the coronavirus pandemi...
May 07, 2020
